Action Camera Market
Action Camera Market Size And Forecast
Action Camera Market was valued at USD 3.13 Billion in 2018 and is projected to reach USD 10.3 Billion by 2026, growing at a CAGR of 16.03% from 2019 to 2026.
Global Action Camera Market Outlook
The rising popularity and user-base of social networking sites such as Twitter, Facebook, and Instagram, the trend of sharing photos and videos with followers and friends, and the increasing number of vendors in the market are the major drivers expected to accelerate the market. Moreover, a constant progression of innovations made in this field like the comprehensive use of smart gadgets, the miniaturization of sensors, the portable and versatile sizing of these devices along with added features like Wi-Fi connective capabilities, etc. have led to a positive surge in the targeted market. Conversely, the rising popularity of smartphones with high-end cameras might constrained the market growth.
Global Action Camera Market Competitive Landscape
The Global Action Camera Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Drift Innovation, GoPro, Inc., Nikon Corporation, Sony Corporation, Garmin Ltd., Panasonic Corporation, SJCAM, YI Technology, SZ DJI Technology Co., Ltd., and Olympus Corporation.
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